Disallowance of interest expenses – The interest charged from ...

Interest Charged at Market Rate to Sister Concern; No Revenue Loss as Both in Same Tax Bracket.

May 13, 2014

Case Laws Income Tax AT

Disallowance of interest expenses – The interest charged from the sister concern as per the prevailing market rate - they have also assessed to tax (in same tax bracket) and there is no loss of revenue - AT

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Disallowance of interest expenses – The interest charged from ...

Interest Charged at Market Rate to Sister Concern; No Revenue Loss as Both in Same Tax Bracket.

May 13, 2014

Case Laws Income Tax AT

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